Dec
29

RealtyLink Sells Bridgestone Building in Myrtle Beach, S.C.

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Greenville, S.C.-based RealtyLink has sold an 8,142-square-foot Bridgestone building located in Myrtle Beach. Situated on 1.1 acres, the building was completed in February. Bridgestone is occupying the property under a 15-year corporate net lease with 10 percent rent increases every 5 years as well as four extension options. Tyson Glass of RealtyLink represented the seller. The buyer was a South Carolina-based private investment group. This transaction closed escrow on December 16, 2009 for $2,237,000 (approx. 40 days in contract)Buyer was a private investment group out of SC and obtained a loan equal to approx. 80% of the price
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    Categories : Myrtle Beach

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